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North Korea expressed interest in cooperation with Iranian automaker Saipa during a recent trip by an official delegation from Pyongyang to Tehran, according to a social media post uploaded by the company on Tuesday.
SsangYong Motor is seeking to change its name to KG Mobility, the company's first name change in 35 years, as it aims for a for a fresh start after a long slump.
A Kanglim-led consortium is bidding for SsangYong Motor, bringing the total number of bidders to two.
GM Korea will operate its Bupyeong 2 assembly plant at half capacity as the automaker grapples with global supply shortage of automotive semiconductors.
Beleaguered SsangYong Motor managed to secure more liquidity by selling one of its service centers in Seoul.
Audi has introduced a fully revamped Q3 compact SUV on Wednesday in Korea in a bid to get a bigger piece of the country's luxury compact SUV market, which has been booming lately. It is the second-generation of the Audi compact SUV ...
YEONGJONG, Incheon ? As auto makers abandon internal combustion and go electric, BMW is putting its money on plug-in hybrid electric vehicles (PHEVs).
Korea JoongAng Daily Sitemap